A.P. Moller - Maersk A/S Stock News

Nigeria secured a $600 million investment in seaport infrastructure from Danish shipping company A.P. Moller-Maersk , the presidency said in a statement on Sunday.

A.P. Møller-Maersk A/S shares are undervalued, presenting a buying opportunity with potential for the price to climb near $10 in the next 12 to 16 months. The company is a dominant force in container

Denmark's Maersk may resume some shipping services at the U.S. Port of Baltimore when a temporary channel is opened to give access for commercially essential vessels that remain blocked by a collapsed

The Baltimore port's alternate shipping channels are not deep enough to accommodate the oceangoing container vessels that Maersk and other carriers use, the Danish shipping group said in a statement o

On this day, April 8th, back in 2009, the shipping giant MAERSK Alabama said a container ship with a U.S. crew of 20 people was seized by pirates. This is about 300 miles off the Somali coast.

Maersk faces a range of challenges including Red Sea diversions, a drought at the Panama Canal and a potential strike maritime workers.

AMKBY, ADDYY and BASFY have been added to the Zacks Rank #5 (Strong Sell) List on March 27, 2023.

Shares of the Danish shipping and logistics giant A.P. Moeller Maersk tumbled on Tuesday as the company said it chartered the ship that crashed into the Francis Scott Key Bridge in Baltimore.

"We are horrified by what has happened in Baltimore, and our thoughts are with all of those affected," Maersk said in a statement.

Global shipping and logistic companies are staring down a number of challenges including a crisis in the Red Sea, a drought at the Panama Canal and labor negotiations on the East Coast. CNBC's Lori An

There is a maxim on Wall Street that essentially says, “20% of investors who want to make money are in stocks, while the 80% who want to keep their money are in bonds.

Shipping behemoth Maersk does not expect the Red Sea crisis to subside in the near future, and is warning customers to expect ship diversions into the second half of the year.

An A.P. Moller Maersk official said Wednesday that the shipping giant expects to continue avoiding trade routes through the Red Sea into the second half of the year, a sign that ongoing tensions promp

Parash Jain, head of shipping and ports research at HSBC, says as soon as the Red Sea crisis is over, "reality will hit" and freight rates will drop "quite rapidly."

A.P. Møller - Mærsk A/S (AMKBY) Q4 2023 Earnings Call Transcript